What are HR performance indicators? Download your HR dashboard template to analyze all your HR indicators ???? https://bit.ly/35eCKtr HR indicators, also called HR KPIs, are very effective and concrete ways to boost your company's performance. You can group your indicators in what is called an HR dashboard, which is an essential tool for managing your human resources and especially for ensuring effective monitoring. While it is important to choose the right indicators and have good tools to process this data, understanding its meaning is the first step. Definition of an HR indicator The HR indicator is data that allows you to evaluate what is happening in the company. The purpose of this data, which can be global or detailed, is both: to give an indication of the effectiveness of the actions undertaken in the company to manage the implementation of decisions and also to find areas for improvement that will allow the objectives set to be achieved These indicators are chosen: in a completely arbitrary manner depending on the objectives upstream of the launch of the various processes undertaken or the campaigns depending on the means of collecting information that is available to the organization These indicators can be updated and modified regularly, depending on the progress of the HR project or the needs of the company. What are the relevant HR indicators? If the HR indicator aims to measure the performance of a process. They can be grouped into 5 main groups: Socio-demographic indicators. Forecast HR indicators. HR performance indicators. HR indicators linked to recruitment. HR indicators linked to training. The choice of these indicators depends entirely on: your final objective the relevance of the data collected You will need to set up a monitoring dashboard. Therefore, the data must be easy to capture, understand and transcribe. The ideal is to adopt several HR indicators to ensure that your analysis is both truly relevant and that it is easy to draw strategic decisions from it. It is up to you, as an HR manager, and with the support of your management, to define the most relevant indicators for your business and for your projects. What should you have on your HR indicator dashboard? Once the different indicators have been defined and the data collected, it is important to analyze them, understand them and transcribe them. To do this, we use an HR dashboard. It allows you to integrate the results of the different indicators in a synthetic way. Thus, you will be able to: See if the selected indicators are relevant Compare the results with your objectives Present the results in a clear and visual way The HR dashboard must always be linked to the HR indicators and the objectives initially defined. Summary what you need to have on your dashboard: Relevant indicators A visual way to understand what is happening overall A way to understand when the process is experiencing a problem Data updated regularly, which can evolve with the implementation of the first decisions How to calculate them? You will need to define exactly the criteria on which you want to base your indicators as well as the data sources and how to have control over their accuracy. You can also define the objectives you want to achieve for each indicator in order to have a better idea of ​​how you want to present and communicate this data. Now, you are ready to start the calculations, they can be done in number, percentage, cumulative, etc. Fortunately, an HRIS software like Factorial can easily extract the relevant data and above all do the calculations for you and present them in visual formats that are easy to understand and communicate. ---------------------------------------------------------------------------------------------------------------------------------------------- Factorial, is an intuitive HR solution that automates, simplifies and accelerates administrative processes to allow managers and HR to focus on what matters most, their teams. Discover all our features ???? https://bit.ly/3hiNcpT Factorial allows you to manage within the same platform: payroll preparation working time tracking leave and absence management document management electronic signature and much more.... Discover how Factorial can save you time on all your daily HR and administrative management ???? https://bit.ly/3OtzHja